(1)The maximum sales charge for Class A Shares is 5.25%. Class A Share investors may be eligible for a reduction in sales charges.
(2)Represents the percentage increase/decrease in the net asset value from the prior trading day.
(3)Performance for periods less than one year is not annualized.
(4)Inception date of The Covered Bridge Fund Class A & I is October 1, 2013.

The Covered Bridge Fund's total annual operating expense ratio (gross) is 2.34% for class A shares and 2.09 % for the class I shares: The Fund's adviser has contractually agreed to reduce its fees and to reimburse expenses, at least until January 31, 2017, to ensure that total annual fund operating expenses after fee waiver and/or reimbursement (exclusive of any taxes, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, indirect expenses, expenses of other investment companies in which the Fund may invest, or extraordinary expenses such as litigation) will not exceed 1.90% and 1.65% of average daily net assets attributable to Class A and Class I shares, respectively. These fee waivers and expense reimbursements are subject to possible recoupment from the Fund in future years on a rolling three year basis (within the three years after the fees have been waived or reimbursed) if such recoupment can be achieved within the foregoing expense limits. This agreement may be terminated only by the Fund's Board of Trustees, on 60 days written notice to the Adviser. Results shown reflect the waiver, without which the results would have been lower. Please review the fund's prospectus for more information regarding the fund's fees and expenses.

The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Past performance is no guarantee of future results. A Fund's performance, especially for very short periods of time, should not be the sole factor in making your investment decisions. To obtain performance information current to the most recent month-end, please call toll-free 1-855-525-2151.